
Midterm calculations prep
Authored by Pat Beck
Social Studies
University
Used 103+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
6 questions
Show all answers
1.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Calculate the consumer surplus in the market. Assume supply and demand are both unit-elastic.
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Assume rice and bread are substitute goods. Calculate the cross price elasticity for bread.
Price of Rice | Demand for Bread
$4/kg | 8 kg
$9/kg | 14 kg
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Assume Socheata spends $10 per day on food. At the restaurant dumplings are $2.00 each and noodles are $1.00 each. Socheata should order _ dumplings and _ noodles to earn ___ total utility.
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Calculate the total surplus in this market. Assume both supply and demand are unit-elastic.
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
How many bananas should you eat if they are free?
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
If the price of bananas is $5, how many should you buy and eat?
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
10 questions
Financial Crisis
Quiz
•
University
10 questions
Perdagangan Internasional
Quiz
•
University
10 questions
C1 World Aggressors Invade Nations
Quiz
•
10th Grade - University
10 questions
Cesar Chavez Day
Quiz
•
3rd Grade - University
9 questions
S D and government policy
Quiz
•
University
10 questions
Monopolies
Quiz
•
10th Grade - University
10 questions
IIP301_Incoterms
Quiz
•
University
10 questions
The International Trade Theories
Quiz
•
University
Popular Resources on Wayground
5 questions
This is not a...winter edition (Drawing game)
Quiz
•
1st - 5th Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
10 questions
Identify Iconic Christmas Movie Scenes
Interactive video
•
6th - 10th Grade
20 questions
Christmas Trivia
Quiz
•
6th - 8th Grade
18 questions
Kids Christmas Trivia
Quiz
•
KG - 5th Grade
11 questions
How well do you know your Christmas Characters?
Lesson
•
3rd Grade
14 questions
Christmas Trivia
Quiz
•
5th Grade
20 questions
How the Grinch Stole Christmas
Quiz
•
5th Grade